Automatic Data Processing Receives “Equal Weight” Rating from Barclays (ADP)
Automatic Data Processing (NASDAQ:ADP) traded down 0.04% on Friday, hitting $79.08. 73,083 shares of the company’s stock traded hands. Automatic Data Processing has a one year low of $68.50 and a one year high of $83.82. The stock has a 50-day moving average of $78.69 and a 200-day moving average of $77.80. The company has a market cap of $38.125 billion and a price-to-earnings ratio of 26.38.
Automatic Data Processing (NASDAQ:ADP) last released its earnings data on Wednesday, April 30th. The company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by $0.02. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts expect that Automatic Data Processing will post $3.14 EPS for the current fiscal year.
Automatic Data Processing, Inc (NASDAQ:ADP) is a provider of business outsourcing solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.